Activities of Salvatore CICU related to 2016/0197(COD)
Plenary speeches (1)
Macro-financial assistance to Jordan (debate) IT
Shadow reports (1)
REPORT on the proposal for a decision of the European Parliament and of the Council providing further macro-financial assistance to the Hashemite Kingdom of Jordan PDF (535 KB) DOC (76 KB)
Amendments (2)
Amendment 3 #
Proposal for a decision
Article 1 – paragraph 1
Article 1 – paragraph 1
1. The Union shall make macro- financial assistance of a maximum amount of EUR 20350 million available to Jordan ("the Union’s macro-financial assistance"), with a view to supporting Jordan’s economic stabilisation and a substantive reform agenda. The assistance shall contribute to covering Jordan’s balance of payments needs as identified in the IMF programme.
Amendment 4 #
Proposal for a decision
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The Commission, in accordance with the examination procedure referred to in Article 7(2), shall agree with the Jordanian authorities on clearly defined economic policy and financial conditions, focusing on structural reforms and sound public finances, to which the Union'’s macro-financial assistance is to be subject, including a timeframe for the fulfilment of those conditions, to be laid down in a Memorandum of Understanding ("‘the Memorandum of Understanding"’). The economic policy and financial conditions set out in the Memorandum of Understanding shall be consistent with the agreements or understandings referred to in Article 1(3), including the macroeconomic adjustment and structural reform programmes implemented by Jordan with the support of the IMF.